Bad advances of a bank are called

standard accounts

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book debt

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non-performing assets

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out of order account

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overdrawn accounts

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Solution

The correct option is C non-performing assets
Bad advances of a bank are called non-performing assets.

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Similar questions

R s .20000

R s . 3000

10

A firm has not recorded the bad debts by mistake. Which of the following is the effect of bad debts omission?

The following information is extracted from the Trial Balance of M/s Nisha Traders on 31 March 2017.

Additional Information

Bad Debts Rs 500

Provision is to be maintained at 2% of Debtors

Prepare bad debts account, Provision for bad debts account and profit and loss account.

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